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20120701
20120731
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Search Results 0 to 5 of about 6 (some duplicates have been removed)
CNN
Jul 26, 2012 8:00pm PDT
. well, you know, advertising a word mark zuckerberg would not have used when he first described facebook. here's what he said to investors. earlier this year. quote, facebook was not originally founded to be a company. we've always cared primarily about our social mission. well, the company's mission now is to make money off of you and its 955 million users. it has to make money. that's just the reality of it. now you're a public company. how does it plan to do that? here's a couple things they're planning to do supposedly. there's a rumored want button. there's a like button on facebook now if you like something. the want button lets you tell your friends what you'd like them to buy for you. maybe it's a wedding or baby registry thing. it's supposed to link you to spending money. there's also a new service called facebook exchange which tracks what you do on the remember and shows you ads when you go back on facebook based on where you have been. according to bloomberg, facebook is also working on a cell phone to try to make money from people on their cell phones which has been a real i
CNN
Jul 27, 2012 2:00am EDT
that the people that use facebook don't want to spend time trolling or scrolling through ads to get to what they really want to see. >> there are people out there who like to say this is going to be the biggest colossal failurer. they say young kids are not using facebook as much as they're used to and there's other companies that can provide the same thing. this might just be a colossal failure. other people say that's ridiculous. >> i disagree with that. listen, now they have 955 million users. i mean, that's staggering. pretty soon, 1 billion. it's remarkable. they haven't really cracked china. >> they don't expose how many people have multiple counts -- >> let's say half a billion people use facebook. that's an amazing audience. so i think, you know, you think about facebook going forward it's going to be like the telephone company. it becomes a utility. at some point when it becomes so ubiquitous or they try to monetize it so much with so many ads it becomes uncool. they have such a head start over anyone else at this point, i think facebook's here to stay. it's just the stock was too
Search Results 0 to 5 of about 6 (some duplicates have been removed)